About This Property
Weldon Downtown Apartments contains 24 low-income units serving families, disabled individuals, and formerly homeless residents in Weldon, NC. The property features 11 one-bedroom, 10 two-bedroom, and 3 three-bedroom units and has been in service since 2006. This affordable housing community operates with 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Halifax County, NC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $600 |
| 1 Bedroom | $687 |
| 2 Bedroom | $885 |
| 3 Bedroom | $1,070 |
| 4 Bedroom | $1,327 |
Income Limits - Halifax County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,500
- Low (80%)
- $32,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $33,950
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $36,300
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,500 | $32,800 |
| 2 Persons | $17,420 | $23,400 | $37,450 |
| 3 Persons | $21,960 | $26,350 | $42,150 |
| 4 Persons | $26,500 | $29,250 | $46,800 |
| 5 Persons | $31,040 | $31,600 | $50,550 |
| 6 Persons | $33,950 | $33,950 | $54,300 |
| 7 Persons | $36,300 | $36,300 | $58,050 |
| 8 Persons | $38,650 | $38,650 | $61,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Weldon, NC?+
The Fair Market Rent (FMR) for Halifax County, NC is: $600 (Studio), $687 (1BR), $885 (2BR), $1070 (3BR), $1327 (4BR). Actual rent at subsidized properties like Weldon Downtown Apartments is typically 30% of household income or less.
What size apartments are available at Weldon Downtown Apartments?+
Weldon Downtown Apartments offers the following unit types: 11 One-Bedroom, 10 Two-Bedroom, 3 Three-Bedroom units, for a total of 24 units.
What is the price range for apartments in Weldon, NC?+
Based on Fair Market Rent for Halifax County, the estimated price range is: 1-bedroom: $687, 2-bedroom: $885, 3-bedroom: $1070. Actual rent at Weldon Downtown Apartments may be lower for income-eligible households.
Who is eligible to live at Weldon Downtown Apartments?+
Weldon Downtown Apartments primarily serves families, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Halifax County, NC?+
For a 4-person household in Halifax County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These limits are set by HUD and updated annually.
How do I apply for housing at Weldon Downtown Apartments?+
Weldon Downtown Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Weldon Downtown Apartments?+
Weldon Downtown Apartments is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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